Updated May 29 at 5:29pm
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Jonathan Canino, a Cranston resident pursuing his doctorate in chemistry at the University of Rode Island, won first place in the eighth annual National Security Innovation Competition, sponsored by the National Homeland Defense Foundation to motivate students to pursue careers in security, science, technology, engineering and math. more
Edesia Inc., a nonprofit that produces ready-to-use therapeutic foods and supplemental foods for malnourished children, has signed a 25-year lease at Quonset Business Park, where it plans to build a new facility and relocate from its current Providence location. more
The cost of living in the U.S. rose more than forecast in May, reflecting broad-based gains that signal inflation will move closer to the Federal Reserve’s goal. more
The R.I. Department of Revenue collected $7 million more than expected in May, resulting in a 3.2 percent monthly total general revenue surplus compared with the state’s original revenue projections, the department reported Tuesday. more
The owners of the Regency Plaza Apartments in downtown are planning to build a new 134-unit rental building on the Broadway side of the complex. more
Rhode Island is one of 17 states and the District of Columbia that did not have a teacher preparation program on the national “top ranked” list of the 2014 Teacher Prep Review released Tuesday by the National Council on Teacher Quality. more
The R.I. Senate on Monday approved the $8.7 billion state budget for fiscal 2015 by a vote of 32-5, submitting for the governor’s signature a spending plan that cuts the state’s corporate and estate taxes, provides for repayment of the 38 Studios bonds, eliminates the Sakonnet River Bridge tolls and adds $33.4 million in education funding. more
JPMorgan Chase & Co. engaged in a “pattern of discriminatory” lending that led to foreclosures, the city of Miami said in a lawsuit filed last week in federal court, the latest in a series of similar claims against the nation’s largest banks. more
Bank Rhode Island’s BizHub website has generated a strong response to the resources offered and the spotlight on featured companies in the nine months since it was introduced, according to a June 3 update on the site from the bank. more
Greenwood Credit Union has become part of the Co-Op Shared Branch national network that offers members the ability perform bank transactions at thousands of shared locations. more
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